Which of the following is the first step of the planning phase of a strategic management process?
A) assessment of the external environment that the firm will face in the future
B) establishment of the company's mission
C) analysis of the firm's relative capabilities to deal successfully with the external environment
D) seeking alternative strategies using competitive analysis
B
Business
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The classic project S-curve is a plot of:
A) Labor hours versus money expended. B) Money expended versus elapsed time. C) Elapsed time versus labor hours. D) Number of personnel versus days behind schedule.
Business
Most economists argue that protectionism ________ the world economy because it ________ trade among countries
A) helps; inhibits B) helps; encourages C) harms; inhibits D) harms; encourages E) doesn't impact; doesn't affect
Business